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$1.02 perenti limited

Good Value and Momentum, page-11

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Gunslinger27

5,742 Posts.

183

08/09/22

11:25

Post #: 63585385
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Originally posted by LongTony: ↑

Trading at 1x underlying EBITDA, or 3x underlying EBIT, or 5x underlying NPAT; with growth capital spent; margin growth already locked in; a clear strategy of getting cash to shareholders in the most tax effective manner possible given the structure of the business, I'd say the down side is pretty limited and IMHO we should be heading back toward more typical multiples which will deliver the chance of multiple bags on this one.

At a market cap of $500M it isn't massive so it can't be a massive short target. Double the EBIT double the multiple gives 4 bags. Long not Short.

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You don't have have to convince me.. tell it to the numpties that were dumping it sub 60c

PRN Price at posting: 82.3¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

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(20min delay)
Last $1.02		Change 0.005(0.49%)		Mkt cap ! $972.8M

Open	High	Low	Value	Volume
$1.01	$1.03	$1.00	$1.403M	1.379M

Buyers (Bids)

No.	Vol.	Price($)
2	6917	$1.02

Sellers (Offers)

Price($)	Vol.	No.
$1.03	112342	2

View Market Depth

No.	Vol.	Price($)
2	6917	1.015
3	59346	1.010
8	68887	1.000
1	750	0.995
3	53030	0.990

Price($)	Vol.	No.
1.025	112342	2
1.030	108831	7
1.035	121890	3
1.040	20000	1
1.045	106977	2

Last trade - 16.10pm 27/05/2024 (20 minute delay)


Last $1.02			Change 0.005 ( 0.85 %)
Open	High		Low	Volume
$1.01	$1.03		$1.00	469474
Last updated 15.59pm 27/05/2024 ?

PRN (ASX) Chart